Luxury Apartment Living in Dubai: Is It Worth the Price?

Dubai Luxury Real Estate Trends

Dubai’s real estate market has continued its strong momentum into 2025. In H1 2025 alone, total property sales remained robust, building on the record-breaking 170,992 transactions in 2024.

The luxury segment, defined as sales over AED 10 million, has also maintained its upward trajectory. Following 4,737 such transactions in 2024, Engel & Völkers data shows that luxury deal volume in H1 2025 has continued to rise, particularly in established prime areas like Palm Jumeirah, Jumeirah Bay Island, Dubai Hills Estate, District One, and Downtown Dubai.

As the UAE continues to attract the world’s ultra-wealthy and developers unveil extraordinary new launches tailored to HNW and UHNW buyers, Dubai’s luxury market is well-positioned for further expansion in the second half of 2025 and into 2026.

What Defines A Luxury Apartment In Dubai?

Offering strong returns and exceptional lifestyle benefits, high-end apartments in Dubai are drawing increased attention from both investors and end-users.

But what sets a luxury apartment in Dubai apart?

Iconic Architecture and Interior Design

The design of luxury homes in Dubai can be truly exceptional. Often developed by the most renowned developers in collaboration with leading architects and designers, luxury apartment buildings often stand out for their quality and design.

Space and Layout

Spacious layouts are a hallmark of Dubai’s premium residences. Think open-plan living areas, oversized bedrooms, floor-to-ceiling windows, and private balconies. Many properties also feature amenities like plunge pools, wellness spaces, and even private elevators.

Curated Interiors

From imported marble to designer fixtures, the interiors of luxury hotel apartments in Dubai and private residences are all about refined taste and bespoke finishes.

Many developments are fully furnished in partnership with globally recognised brands, offering a move-in-ready lifestyle with no compromises.

Prime Locations

The value of a luxury apartment is often elevated by its surroundings. From the iconic waterfront views of Dubai Marina and Palm Jumeirah to the urban energy of Downtown Dubai, these properties sit at the heart of the city’s most desirable communities, offering seamless access to business hubs, shopping, dining, and entertainment.

Best Luxury Apartments For Sale In Dubai (2025)

Having understood the typical components of luxury apartments in the city, let us proceed to a list of some of the best luxury apartments for sale in Dubai as of 2025. 

Top Areas To Buy Luxury Apartments In Dubai

Before diving into some of the top luxury apartments for sale in Dubai, let us dive briefly into some of the most sought-after areas for luxury apartments in the city: 

• Palm Jumeirah:This world-famous man-made island is synonymous with luxury. Home to prestigious names like the Waldorf Astoria and Atlantis The Royal, Palm Jumeirah offers residents private beaches, upscale nightlife, fine dining, and some of the most exclusive properties in the city.

• Downtown Dubai: Home to the world-famous Burj Khalifa and the Dubai Mall, Downtown Dubai boasts stunning contemporary apartments, amazing amenities and exceptional city views.

• Bluewaters Island: Sitting just off the coast of Dubai Marina, Bluewaters Island is renowned as one of Dubai's most expensive neighbourhoods. Home to stunning luxury apartments, Bluewaters Island also features the world's largest observation wheel, Ain Dubai, and luxury retail and hospitality amenities.

• Dubai Marina: One of the most established and in-demand areas, Dubai Marina offers a waterfront lifestyle with a mix of luxury apartments for sale and for rent. Residents enjoy a picturesque skyline and a wide array of fine dining, shopping, and leisure options all within walking distance.

• Jumeirah Bay Island: An ultra-exclusive island shaped like a seahorse and connected to the mainland by a private bridge, Jumeirah Bay Island is one of Dubai’s most prestigious addresses. The island offers privacy, stunning sea views, and a curated lifestyle centred around superyachts, high-end dining, and world-class design.

Featured Properties for Sale

Dubai is home to an ever-evolving collection of iconic residences. Here are some of the most sought-after luxury apartments for sale in Dubai, offering the finest in architecture, design, and lifestyle:

Como Residences, Palm Jumeirah

A sculptural masterpiece rising along the Palm’s crescent, Como Residences offers sky-high beachfront living with panoramic sea views, private pools, and curated wellness amenities.

The S Tower, Dubai Marina

Located in Dubai Marina, this 75-story tower will offer its residents the best infrastructure, amenities and luxury living. Featuring half and full floor apartments, The S Tower will offer an infinity pool and sky lounge, as well as private movie theatres, expansive balconies and breathtaking panoramic views of the Dubai Marina.

Baccarat Residences, Downtown Dubai

A new icon in Downtown, Baccarat Residences blends legendary hotel service with private living. Just moments from the Burj Khalifa and Dubai Opera, it offers opulence, convenience, and unmatched style.

Mr. C Residences, Jumeirah

Developed by the famed Cipriani family, Mr. C Residences offers modern European elegance on the Dubai Canal, with private plunge pools, bespoke interiors, and five-star features such as concierge, housekeeping and chauffeur services.

Bulgari Lighthouse, Jumeirah Bay Island

Located in the renowned Jumeirah Bay Island, Bulgari Lighthouse is set to offer ultra-exclusive luxury living in Dubai.

With flowing terraces, expansive sea views, and access to the exclusive Bulgari Marina and Yacht Club, this is truly waterfront luxury reimagined.

Bugatti Residences, Business Bay

Inspired by the French Riviera and the spirit of hypercar manufacturer Bugatti, this project is a bold expression of design, luxury, and performance. Enjoy car lifts, beach-inspired terraces, and breathtaking canal views.

Price Trends & Investment Potential

Dubai’s luxury property market has seen extraordinary growth in recent years, solidifying the city’s reputation as a global investment hotspot. For those exploring luxury apartments for sale in Dubai, here are key trends shaping the investment landscape:

Soaring Sales in the Prime Segment

Luxury transactions have skyrocketed, with property sales over AED 10 million increasing more than tenfold—from just 415 in 2020 to over 4,737 in 2024. This surge underscores the city’s rising appeal among high-net-worth individuals and global investors.

Palm Jumeirah Leads the Market

In 2024, Palm Jumeirah accounted for more than 25% of all ultra-luxury transactions (USD 10 million and above), reaffirming its position as Dubai’s most coveted destination for premium real estate.

New Developments Fueling Demand

Mega-projects like Palm Jebel Ali and Dubai Islands are reshaping the luxury landscape, attracting international interest and expanding Dubai’s portfolio of waterfront living options. As millionaire migration into the UAE continues to rise, so does the appetite for exclusive new addresses.

Strong Rental Yields & Capital Growth

Resilient rental demand, especially in areas like Downtown Dubai, Business Bay, and Dubai Marina, has increased prices for luxury apartments for rent in Dubai. This creates lucrative opportunities for investors to earn high rental yields and capital appreciation, particularly in the off-plan market, where price appreciation upon completion is often substantial.

Best Luxury Apartments For Rent In Dubai (2025)

When it comes to luxury apartments in Dubai for rent, here are some of the best options for tenants in 2025: 

• Bluewaters Residences, Bluewaters Island: Offering panoramic sea views and direct access to retail, dining, and entertainment, these spacious waterfront homes combine island tranquility with urban convenience.

• Dorchester Collection, Business Bay: Managed by the iconic hospitality brand, these luxury hotel apartments in Dubai deliver five-star living with custom interiors, private pools, and sweeping canal views.

• One at Palm Jumeirah, Palm Jumeirah: A landmark of ultra-luxury, these residences boast private elevators, floor-to-ceiling windows, and access to a private beach.

• The Address Downtown: Perfectly positioned next to the Burj Khalifa and Dubai Mall, these fully serviced apartments offer hotel-style amenities and spectacular skyline views.

• Marsa Al Arab: Newly opening in 2025, Marsa Al Arab is set to become a new luxury living icon. This coastal development offers refined apartments with beachfront access, marina views, and state-of-the-art wellness facilities.

Best Luxury Hotel Apartments In Dubai

Luxury hotel apartments in Dubai are a rapidly growing segment with discerning residents and investors choosing them for their exceptional design, five-star services and amenities. Here are some of the most popular options within this segment: 

• Atlantis The Royal: Offers breathtaking sky pools, fine dining by Michelin-star chefs, and impeccably serviced residences in Palm Jumeirah.

• The Palazzo Versace: Located in Al Jaddaf, this luxury hotel apartment residence combines classic Italian opulence with modern amenities. Its signature Versace interiors and world-class hospitality complete the experience.

• Six Senses Residences Palm Jumeirah: A wellness-focused retreat offering tranquil beachfront living, private pools, and access to Six Senses' holistic spa services.

• Kempinski Residences The Creek Dubai: Nestled along Dubai Creek, these residences blend European elegance with lush surroundings, offering serene views and exclusive access to premium leisure facilities.

• St. Regis The Residences: Positioned in the heart of Downtown Dubai, this ultra-luxury address delivers timeless design, personalised butler service, and a front-row seat to city life.

• Ritz-Carlton Residences, Business Bay: A new standard in branded living, these residences provide elegant waterfront apartments, legendary Ritz-Carlton service, and a curated lifestyle experience.

• One&Only One Za’abeel Residences: Soaring above the city skyline, this architectural marvel features some of the highest hotel residences in the world, connected by The Link—an elevated lifestyle destination.

Buying Vs. Renting A Luxury Apartment In Dubai

So, which is the better option for you– buying or renting a luxury apartment? Here are some factors to consider while weighing both options: 

• Both buying and renting a luxury apartment can require a sizeable upfront investment. However, renting typically has lower upfront costs than buying.

• Buying a luxury apartment in Dubai allows you to make changes and tailor the property to your preferences.

• Whilst you lack flexibility to make changes to the property, renting gives the freedom to move property more regularly - great if you desire flexibility over where you live.

• People wanting to reside in Dubai must decide whether their stay will be long-term or short-term. This will help them decide whether renting or buying a luxury apartment is the better option.

• While buying will require a high upfront cost, it’ll also allow you to benefit from long-term capital appreciation.

How To Choose The Right Luxury Apartment In Dubai

Given the myriad options, how can you decide which luxury apartment in Dubai is best for you? Here are some criteria to consider: 

• Set a Clear Budget: Establishing your budget early will help you focus your search and avoid unnecessary stress. Dubai offers a wide range of luxury properties—from ultra-premium penthouses to more accessible high-end residences—so knowing your financial limits ensures you're looking in the right segment.

• Know Your Lifestyle Preferences: Are you drawn to the vibrant energy of Downtown Dubai or the tranquility of beachfront living on Palm Jumeirah? Understanding your lifestyle needs will help you choose a location that aligns with how you live.

• Prioritise Amenities That Matter: From rooftop pools and private cinemas to kids’ play areas and wellness facilities, amenities and services can greatly enhance your day-to-day experience.

Documents To Apply For A Mortgage Loan In The Uae

Buying luxury apartments through a mortgage is also a feasible option for those wanting home ownership without the added financial stress. 

Here is a brief list of documents required for a mortgage loan in the UAE. Bear in mind that the requirements may be different depending on the bank and plan you choose.

• Passport and visa copies

• Emirates ID copy 

• Salary certificate as proof of employment

• Payslips and bank statements for the last 6 months

• Credit card statements

• Proof of your current address, such as a copy of the DEWA bill or tenancy agreement

Finding Your Dream Luxury Apartment in Dubai

Whether you're seeking an investment opportunity or a new place to call home, luxury apartments in Dubai offer an unparalleled lifestyle. From iconic waterfront residences to sleek luxury hotel apartments in Dubai, the options are as diverse as the city itself. With high-end design, world-class amenities, and exceptional locations, Dubai’s luxury real estate market continues to attract buyers and tenants from around the globe.

Whether you're searching for the best luxury apartments for sale in Dubai or luxury apartments for rent in Dubai, our team at Engel & Völkers Private Office is here to help.

Backed by global expertise and local insight, we’ll guide you in finding a property that aligns with your goals, lifestyle, and investment vision.